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I'm sitting on my hands. Between funds and ETFs and single stocks, I figure I'm pretty well diversified, and the whole point of diversification is to be able to withstand times like these. I hold a bit more in stocks than bonds. In percentage terms, I'm down from my high point by less than -2%. Reinvesting dividends. It all sucks. But "All things must pass away."
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But, I don't think they have any bounce left in them.
Now, bouncing knives are not to be taken lightly. Probably why knives do not generally come with rubber handles.